First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) Shares Sold by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lessened its holdings in First Trust Ultra Short Duration Municipal ETF (NYSEARCA:FUMB) by 8.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 126,858 shares of the company’s stock after selling 11,921 shares during the period. J.W. Cole Advisors Inc. owned about 1.24% of First Trust Ultra Short Duration Municipal ETF worth $2,549,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of FUMB. JPMorgan Chase & Co. lifted its position in shares of First Trust Ultra Short Duration Municipal ETF by 52.6% in the third quarter. JPMorgan Chase & Co. now owns 219,355 shares of the company’s stock worth $4,412,000 after buying an additional 75,592 shares during the last quarter. Prospera Financial Services Inc acquired a new stake in First Trust Ultra Short Duration Municipal ETF during the third quarter valued at approximately $643,000. Mainsail Financial Group LLC boosted its holdings in shares of First Trust Ultra Short Duration Municipal ETF by 9.7% in the 3rd quarter. Mainsail Financial Group LLC now owns 273,196 shares of the company’s stock worth $5,499,000 after acquiring an additional 24,164 shares in the last quarter. Core Wealth Partners LLC acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF in the 3rd quarter worth approximately $483,000. Finally, International Assets Investment Management LLC acquired a new position in shares of First Trust Ultra Short Duration Municipal ETF in the 4th quarter worth approximately $452,000.

First Trust Ultra Short Duration Municipal ETF Stock Up 0.0 %

NYSEARCA:FUMB opened at $20.13 on Monday. The stock’s fifty day moving average price is $20.10 and its two-hundred day moving average price is $20.12. First Trust Ultra Short Duration Municipal ETF has a 52-week low of $20.00 and a 52-week high of $20.18.

First Trust Ultra Short Duration Municipal ETF Profile

The First Trust Ultra Short Duration Municipal ETF (FUMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund of US municipal debt with a targeted portfolio duration of less than one year. The fund seeks tax-exempt income and capital preservation.